Consumer price inflation eased to 2.4 per cent over the year to December, down from the peak of 5.3 per cent in the middle of the year (Graph 8).
Not exact matches
China's
consumer inflation remained weak in December, while
price declines at the factory gate level continued to deepen, suggesting weakness in the world's second - largest economy but giving policy makers more room to take
easing measures.
While the positives include the unemployment rate falling to 42 - year lows, a weaker pound sterling is leading to a spike in
consumer inflation; in the event of a negative outcome in the negotiations with the European Union, the UK currency could slide further, leading to a rise in
consumer prices and leaving the Bank of England in a very precarious situation in which
easing interest rates will be ruled out due to high
inflation, and hiking rates will lead to a slowdown in economic activity.
Consumer price inflation has eased in recent months, to 1.9 per cent over the year to December (Graph 5), and core consumer prices rose by just 1.1 per cent — the slowest pace in nearly 4
Consumer price inflation has
eased in recent months, to 1.9 per cent over the year to December (Graph 5), and core
consumer prices rose by just 1.1 per cent — the slowest pace in nearly 4
consumer prices rose by just 1.1 per cent — the slowest pace in nearly 40 years.
In the event, March quarter
prices data indicated that upstream
price pressures had
eased somewhat and that
consumer price inflation remained relatively contained.
Consumer price inflation edged up to 2.3 per cent over the year to September, largely reflecting higher energy costs; the core measure has
eased further to a year - ended rate of 1.2 per cent.
We now have to decipher the true meaning of such phrases as quantitative
easing (printing more money), fiscal stimulus (a tax cut or spending more money) and CPI (
Consumer Price Index, one measure of
inflation).
«Historically strong
inflation - adjusted house
price gains are tempering
consumer sentiment, whereas
consumer optimism regarding the
ease of getting a mortgage reached a survey high.»